Legendary Trader and XRP Proponent: This Is Not a Natural Dip. It Looks Forced

Veteran crypto analyst and long-standing market participant, Crypto Bitlord, has reacted strongly to XRP’s sudden price decline on August 1, 2025. In a recent post on X, Bitlord described the downturn as anything but natural. According to his statement, “This is not a natural dip. It looks ‘forced.’” He did not attribute the decline to typical supply and demand dynamics or fundamental changes in Ripple’s operations. Instead, he suggested that the downward pressure on XRP may have been orchestrated, implying that the motive could be manipulation. In the same thread, Bitlord reaffirmed his long-term stance on crypto investing, particularly with XRP. He stated , “Force it lower. That’s ok. We can buy more there too. In reality, we’re never selling. Crypto is our life, this is the end game.” Force it lower. That’s ok. We can buy more there too. In reality we’re never selling. Crypto is our life, this is the end game — Crypto Bitlord (@crypto_bitlord7) July 31, 2025 His comments reflect unwavering conviction, despite current market volatility, and he framed the downturn as a buying opportunity rather than a cause for concern. Market Mechanics and External Factors In response to Bitlord’s post, an X user identified as Unique_Sps offered additional context regarding macroeconomic conditions and derivatives activity that may have contributed to XRP’s sharp drop. According to Unique_Sps, one significant factor is the expiry of Bitcoin and Ethereum options contracts on August 1, with a notional value exceeding $7.2 billion. Large-scale expirations such as these often result in heightened volatility as market makers rebalance their books, close positions, or hedge against directional movements. This can temporarily distort pricing across multiple assets, including XRP. Another external factor cited by Unique_Sps was the announcement of new tariffs on Canadian goods by President Donald Trump’s administration. The 35% increase in tariffs has introduced fresh uncertainty into the global economic environment. Investors may have reacted swiftly to this development, anticipating the potential for retaliatory trade measures by Canada and the risk of escalating tensions into a broader trade conflict. According to the user, this combination of uncertainty and high-leverage expiry triggered broad-based sell-offs across multiple assets, including XRP. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 High Leverage and Liquidation Risk Data from several crypto analytics platforms confirm that a large number of long positions were liquidated during the same trading window. These liquidations coincided with a general sell-off in both Bitcoin and Ethereum , which recorded losses between 2% to 4%. XRP experienced a sharper decline, falling below the $3.00 level. Analysts have noted that XRP tends to exhibit higher beta behavior in market corrections, often amplifying both gains and losses relative to major assets, such as Bitcoin (BTC). Although the specifics of the alleged manipulation mentioned by Bitlord remain unconfirmed, the presence of leverage-driven liquidations and macroeconomic catalysts does offer a potential framework for understanding the scale of XRP’s drop. Market observers also noted a surge in trading volume during the dip, a common occurrence during episodes of heightened volatility. Outlook and Sentiment Despite the sharp pullback, Bitlord’s message conveyed continued confidence in the long-term utility and value of XRP and the broader crypto market. His assertion that “we’re never selling” reiterates a long-held view among segments of the crypto investor community who remain unfazed by short-term fluctuations. As the broader crypto market absorbs the impact of derivatives expiry and geopolitical headlines, XRP investors are closely watching for a rebound or further downside. Market support at the $2.90 to $3.00 range has so far held, though sentiment remains cautious as uncertainty persists. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Legendary Trader and XRP Proponent: This Is Not a Natural Dip. It Looks Forced appeared first on Times Tabloid .

Source: TimesTabloid